British retailer leaves Poland
warsawvoice.pl/WVpage/pages/article.php/48546/news
Compared to the selling price Tesco obtained for its Thailand stores, it doesn't look like it was profitable in Poland.
Tesco expects the total net proceeds from the transaction will amount to ca. PLN 0.82 billion in cash, according to the statement. Tesco will allocate the proceeds to general corporate purposes.
The transaction, encompassing 301 Tesco stores in Poland, distribution centers and headquarters.
Tesco has seen "significant progress in our business in Central Europe, but continue to see market challenges in Poland," CEO Dave Lewis
The transaction, encompassing 301 Tesco stores in Poland, distribution centers and headquarters.
Tesco has seen "significant progress in our business in Central Europe, but continue to see market challenges in Poland," CEO Dave Lewis
warsawvoice.pl/WVpage/pages/article.php/48546/news
Compared to the selling price Tesco obtained for its Thailand stores, it doesn't look like it was profitable in Poland.